The Economic Times

Silver extends fall, plunges another 6%; gold down Rs 9,100/10 gm. What should investors do on Budget Day?

Gold and silver futures saw a sharp decline on MCX on February 1. This follows a significant drop on Friday. Profit-taking and a stronger US dollar are driving the correction. The MCX is trading on Sunday for the Union Budget 2026 presentation. Import duty changes could impact local prices.